A €3.9bn bailout of Monte dei Paschi by Mario Monti’s technocrat government has become a potentially explosive issue just a month before parliamentary elections, with the prime minister and the Bank of Italy accused by centre-right politicians of failing to be fully transparent about suspected financial irregularities at the Siena bank. The bank has close political ties to the centre-left Democratic party.

via Draghi meets minister over MPS problems – FT.com.


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